Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Austria
Quarterly
AUTCP030000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.24
Year-over-Year Change
8.09%
Date Range
1/1/1997 - 1/1/2025
Summary
The Quarterly Automobile Consumer Price Index (AUTCP030000IXOBQ) tracks changes in automobile prices paid by U.S. consumers. This metric is a key indicator of consumer spending and inflation trends in the auto industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly Automobile Consumer Price Index measures the average change over time in the selling prices paid by consumers for new and used automobiles. It is an important gauge of consumer demand and affordability in the automotive market.
Methodology
The data is collected through surveys of new and used automobile transactions.
Historical Context
Analysts and policymakers monitor this index to assess the state of consumer finances and the broader economy.
Key Facts
- The index is published quarterly by the U.S. Federal Reserve.
- Automobile prices account for a significant portion of household budgets.
- Rising auto prices can impact consumer spending and broader economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Automobile Consumer Price Index tracks changes in the prices consumers pay for new and used automobiles.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer spending power and inflationary pressures in the auto industry, which is a major component of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of new and used automobile transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess consumer finances and the broader economic conditions.
Q: Are there update delays or limitations?
A: The index is published quarterly with a slight delay to allow for data collection.
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Citation
U.S. Federal Reserve, Quarterly Automobile Consumer Price Index (AUTCP030000IXOBQ), retrieved from FRED.